Tag: Fiduciary

Clear Messages Given at DoL/Treasury Hearings

Forty-five companies and interest groups representing the retirement industry testified before the Department of Labor (DoL) and the U.S. Treasury yesterday and today to discuss lifetime income...

IMHO: "Wrong" Headed?—Part 2

Last week’s column presented half of a list that I titled “10 things you’re probably STILL doing wrong as a plan fiduciary.”   

IMHO: "Wrong" Headed?

In this as, perhaps, many professional endeavors, it seems that the more you know, the more you know you don’t know.   

IMHO: The Duty To Ask

Last week I mentioned a revenue-sharing case that could have far-reaching implications.    

IMHO: “Thinking” Caps

While the spate of revenue-sharing suits has—for the moment, anyway—faded into the background, fees remain one of the most hotly debated topics in our industry. ...

IMHO: Prudent Mien?

Anyone who has been paying attention to 401(k) plan litigation these past several years knows that a common trigger—perhaps the most common trigger—for litigation is the presence...

IMHO: Compliance 'Deportment'

Recently, the Internal Revenue Service (IRS) announced that it was sending a questionnaire out to about a thousand 401(k) plan sponsors. 

IMHO: Grecian 'Formula'

While the markets were in an apparent freefall last week, I could hear former Treasury Secretary Hank Paulsen on the TV in the next room...